Plausibly Exogenous [1048] - Industrial Cluster (12/14/2022)

LHS Variable
Local economic activity

RHS Variable
Industrial clusters

Source of Exogenous Variation
Ephemeral geopolitical context and the relative position of allied and enemy airbases to isolate exogenous variation in plant location decisions

- Heblich, Seror, Xu, and Zylberbrg (2019), “Industrial Clusters in the Long Run: Evidence from Million-Rouble Plants in China”